Evergy (EVRG) stock
Utilities · Electric Utilities
Evergy (EVRG) is an Electric Utilities company in the Utilities sector, headquartered in Kansas City, Missouri. As of October 23, 2026, EVRG closed at $84.43, a market capitalization of $19.47 billion, the 409th largest company in the S&P 500. Over the last twelve months it generated $6.09 billion in revenue (+4% year over year) and -$1.41 billion in free cash flow. The stock trades at 21.5x trailing earnings and 18.5x forward earnings.
- 1-year total return: +12.2% (dividends reinvested)
- 5-year return: +9.8% a year
- 52-week range: $71.41 – $88.62
- Gross margin 52.7%, operating margin 25.2%
- Dividend yield: 3.29%, 22 straight years of increases
- FI Handbook report card: C- across 10 metrics
- 27th largest of 31 Utilities stocks in the S&P 500
EVRG price chart
1Y price change: +8.4% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| EVRG | +7.7% | +19.4% | +12.2% | +25.5% | +9.8% | +7.8% | +7.7% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1973.
EVRG key statistics
- Market cap
- $19.5B
- #409 in S&P 500
- P/E (TTM)
- 21.5x
- Forward P/E
- 18.5x
- EPS (TTM)
- $3.93
- Revenue (TTM)
- $6.1B
- +4%
- Free cash flow
- -$1.4B
- Gross margin
- 52.7%
- Operating margin
- 25.2%
- Return on equity
- 9.3%
- Dividend yield
- 3.29%
- 52-week range
- $71.41 – $88.62
- Beta
- 0.48
- Price / sales
- 3.2x
- EV / EBITDA
- 12.7x
- Debt / equity
- 1.61x
- Employees
- 4,691
EVRG report card
C-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth4.4%D
- Gross margin52.7%B
- Operating margin25.2%B
- FCF margin-23.1%F
- Return on equity9.3%D
- Net debt / EBITDA5.8xF
- Forward P/E18.5xB
- PEG ratio2.2xD
- Shareholder yield3.3%B
- Share count change / yr0.5%D
Evergy financials
Revenue went from $2.6B in fiscal 2016 to $5.7B in fiscal 2025, growing 9.3% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $4.2B | $5.0B | $4.8B | $5.3B | $5.6B | $5.3B | $5.7B | $5.7B |
| Operating income | $702.4M | $678.8M | $933.6M | $1.2B | $1.1B | $1.4B | $1.3B | $1.3B | $1.5B | $1.5B |
| Net income | $346.6M | $323.9M | $535.8M | $669.9M | $618.3M | $879.7M | $752.7M | $731.3M | $873.5M | $855.6M |
| EPS (diluted) | $2.43 | $2.27 | $2.50 | $2.79 | $2.72 | $3.83 | $3.27 | $3.17 | $3.79 | $3.66 |
| Free cash flow | -$283.2M | $148.1M | $428.1M | $538.9M | $193.5M | -$620.8M | -$364.6M | -$353.8M | -$352.9M | -$751.7M |
| Buybacks | $0 | $0 | $1.0B | $1.6B | $0 | $0 | — | — | — | — |
| Dividends paid | $204.3M | $223.1M | $475.0M | $462.5M | $465.0M | $497.9M | $534.8M | $569.6M | $596.7M | $613.1M |
| Diluted shares | 142.5M | 142.6M | 214.1M | 239.9M | 227.5M | 229.6M | 230.3M | 230.5M | 230.6M | 233.6M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into EVRG?
A reverse DCF asks what growth the current price requires. With an enterprise value of $35.9B and -$1.4B of trailing free cash flow, Evergy needs to grow free cash flow at a rate outside our model for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 23.1x vs. median 21.0x (10th–90th percentile 16.5x–25.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
EVRG dividend
- Dividend yield
- 3.29%
- Annual dividend
- $2.78
- Years of increases
- 22
- 5-yr dividend growth
- 5.7%
- per year
- Payout ratio
- 70%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
EVRG analyst price targets
13 analysts' average 12-month target is $89.77 (+6% vs. $84.43). Targets range from $80.00 to $97.00. 67% rate it a buy.
EVRG earnings
Next report: November 5, 2026. Evergy has beaten EPS estimates 2 quarters in a row. Last quarter's revenue was $1.5B (+4% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 6, 2026 | $0.80 | $0.88 | +9.8% |
| May 7, 2026 | $0.61 | $0.69 | +13.8% |
| Feb 19, 2026 | $0.55 | $0.42 | -24.3% |
| Nov 6, 2025 | $2.06 | $2.03 | -1.4% |
| Aug 7, 2025 | $0.77 | $0.82 | +6.0% |
| May 8, 2025 | $0.67 | $0.54 | -19.6% |
| Feb 27, 2025 | $0.37 | $0.35 | -6.5% |
| Nov 7, 2024 | $1.94 | $2.02 | +4.4% |
Stocks like EVRG
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 SO Southern | -0.99% | -0% | $106.9B | 22.4x | Compare |
 DUK Duke Energy Corporation (Holdin | -0.33% | +2% | $97.4B | 18.8x | Compare |
 CEG Constellation Energy Corporatio | -0.69% | -30% | $89.8B | 24.8x | Compare |
 AEP American Electric Power | -0.73% | +15% | $70.6B | 22.5x | Compare |
 ETR Entergy | -0.79% | +15% | $51.3B | 27.5x | Compare |
 VST Vistra | -0.48% | -26% | $47.0B | 23.6x | Compare |
 EXC Exelon | -0.94% | -3% | $45.8B | 16.3x | Compare |
 WEC WEC Energy | -0.95% | -1% | $36.2B | 21.6x | Compare |
EVRG news
- Why Evergy (EVRG) is Poised to Beat Earnings Estimates Again · Oct 20, 2026
- Evergy Schedules Conference Call to Discuss 3rd Quarter Results · Oct 15, 2026
- Can Rising Data Center Demand Drive Evergy's Long-Term Growth? · Sep 25, 2026
- Is Evergy Stock Underperforming the Dow? · Sep 24, 2026
- We Named 3 Dividend Stocks to Dominate 2026. Only One Beat the S&P 500. · Sep 10, 2026
EVRG stock FAQ
What is EVRG's market cap?
Evergy's market capitalization is $19.47 billion as of October 23, 2026, ranking 409th in the S&P 500.
What is EVRG's P/E ratio?
EVRG trades at a trailing price-to-earnings ratio of 21.5x and a forward P/E of 18.5x. Its median P/E over the period we track is 21.0x.
Does EVRG pay a dividend?
Yes. Evergy pays $2.78 per share a year, a 3.29% yield. It has raised its dividend 22 years in a row. Dividends grew 5.7% a year over the last five years.
How much has EVRG stock returned?
Including reinvested dividends, EVRG returned +12.2% over one year, +9.8% a year over five years, +7.8% a year over ten years through October 23, 2026.
What is the EVRG price target?
13 analysts cover EVRG with an average 12-month price target of $89.77, +6% from the current price. 67% of them rate it a buy.
When does EVRG report earnings?
Evergy is expected to report earnings on November 5, 2026. It has beaten EPS estimates 2 quarters in a row.
How many employees does Evergy have?
Evergy has about 4,691 full-time employees, or $1.3 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology